I'm interested in investing in a short term rental the Somoma County market.

I hope this post is ok.I want to say I am new to RE investing, but really I've been investing in REITs for close to 15 years, and over the past 2 years have been underwriting hard money loans (using Groundfloor).

So if you buy distressed and build in some additional equity via the rehab you can cash out when securing the long term debt. 

For new investors with limited capital, a hard money loan can be a valuable tool to get started.

You can always get funding from lenders, who usually cater to a vast majority of needs, from bridge loans to commercial financing. 

The property value is at least $600,000.I am looking to the community for advice and/or connections to someone that might offer me reasonable terms.

We even explained that we had nothing to do with any loans or debts associated with him.

A bank will not go above 75% typically so you have no ability to borrower or maybe get out $20kIn this environment with high prices and rates - I personally don’t think it makes sense to borrower for a down payment as you are just over leveraging with multiple sources of loans.

I have an investment property in Cleveland, Ohio that I have considered using as a short term rental compared to having a long-term tenant.

The loan for my property is in my name, but the deed is in the LLC.